8 Benefits of Having a Kredittkort in Norge

Have you ever considered getting a credit card? Even though many finance experts advise individuals against using such cards, these payment options can provide endless benefits as long as people use them responsibly. 

Credit cards offer bonus opportunities, reward points, fraud protection, price protection, grace periods, purchase protection, etc. Cardholders are allowed to make purchases even when having no money. Therefore, one should be responsible when spending in order not to end up in debts. 

Grace periods and protection programs vary across card issuers but most of them aim to protect cardholders.

Learn more about the remarkable benefits of using such a payment option in Norway.

Bonus opportunities

Many individuals prefer credit over debit cards because of the bonus opportunities the former provide. Applicants who have recently opened an account are capable of earning one-time bonuses in the course of the first couple of months. Nevertheless, these bonuses aren’t given to all applicants; only to those whose scores are solid. Continue reading

5 Tips for Older Adults During Tax Season

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Does the word “taxes” make you cringe? Do you have April 18th circled in thick, red marker on your calendar? Tax season doesn’t have to be stressful. Before you roll your eyes in disbelief, let’s review the facts. For those who are over 50 years of age, you are well-experienced in this time of year. You have been through enough of them to know what things to avoid and what things to research. However, it never hurts to take a second look at  the world of income tax to make sure you are in the know this season. As things are constantly changing, let’s review just a few points to keep in mind while you conquer this tax season:

1 – Know Before You Go

Are you familiar with the tax benefits that are available to you? If not, do some research before handing your well-earned money over to anyone else. There are very knowledgeable professionals available to help you (not to mention 1099 software, W2 Software, E-File software, and payroll software), but no one knows your situation better than you. For example, did you know that once you retire if you withdraw money from your ROTH IRA, you do not have to pay taxes on that money? Make sure you are well-informed in all of your applicable deductions before you seek help from someone else or file on your own.

2 – Don’t Pay a Fee If It Can Be Free

Beginning at age 50, you have the opportunity to obtain free help when filing your taxes. Instead of paying out of pocket or paying a percentage of your refund, head to an AARP or TCE volunteer who can help you file your taxes at no additional cost to you. AARP and the IRS certified TCE volunteers are located in cities all over the country, and in some cases, they are reimbursed for their expenses, so that you can be provided with some of the best free help there is!

3 – Have Fun With Your Refund

Alright, maybe our definition of “fun” varies a little from what you may be thinking. Financial stability is probably one of the most relieving, and yes “fun,” things you can do. Use your refund check to pay down your debt, invest it into a promising company, or save it in an emergency fund. Smart financial pre-planning will help you navigate your cash-flow now so that you can enjoy the years to come.

4 – The Medical Bills You’ve Paid Are Just a Deduction Away

Medical bills are expensive; you shouldn’t have to feel the weight of those more than once. Did you know you can claim those expenses when you file your taxes? If you or a dependant uses a medically issued device such as a wheelchair, or if you pay for a nursing home, you may find that to be an advantage during the tax filing process.

5 – Before Your Check Is Spent, Save 25 Percent

If you own a small business to help supplement your social security income, make sure you know which tax bracket you will be responsible for. It is good practice to hold back roughly twenty-five percent of each sale you make, so that you will be able to cover your taxes at the end of the year, without making an unexpected dent in your income.

This can be the most stress-free tax season you have ever experienced. Stay informed about the ins and outs of your tax requirements and stay prepared for your future. Whether you are just coming into retirement or you are a seasoned, senior tax-payer, use these tips to allow your money to benefit you in the years to come.

ABOUT THE AUTHOR:
Julie Morris – Ms. Morris is a life and career coach who strives to help others live the best lives that they can. She believes she can relate to clients who feel run over by life because of her own experiences. She spent years in an unfulfilling career in finance before deciding to help people in other ways.
Juliemorris.org | jmorris@juliemorris.org

My Scrappy and Resilient – Driving Strong Results Discovery by Mariellie Rodriguez Mundy

 

A few months back I received an invitation to explore an opportunity (I call it my “shiny object”) to join a Private Equity firm’s platform company as their Chief Financial Officer. The role seemed to meet many of my criteria for great jobs in my career, but most importantly it also had a very high degree of challenge and learning opportunities. I felt that my entire career had led me to this opportunity, and I was confident enough to give it my all.

The first step was an interview with the CEO and several key stakeholders. This was a lengthy process that included several phone interviews, in-person meetings and traveling to meet several board of director members at the firm’s headquarters.

As part of the process I completed various assessments. I’ve done many of these in the past, and have embraced the opportunities for self-awareness that they offer.  But something was different this time. This was the first time that I was scheduled to meet with a consultant as part of the assessment, “the guy from Boston” hired to form an opinion about my ability to meet the requirements of the CFO role.

It makes sense that an investment firm would want to do this kind of research before they make a substantial investment in such a key position. Naturally they’d want to know what kind of professional they are getting.

Fast forward a couple of months . . . on a Friday afternoon I was advised that the investment firm decided to pass on both of the two final candidates, including myself.  Ouch! The “shiny object” was gone. Gone, gone, gone. It was a moment where rejection and self-doubt overwhelmed me.

I was alone in my car driving around aimlessly when I decided to just park. As I sat there I decided to challenge my thinking and acknowledge my emotions. The great thing about embracing the fact that I felt rejected and incompetent was the deeper connection to the many “Why’s?”. I felt an irresistable need to find wisdom in this experience.

Days later, after I had time to process and understand how this experience was going to add value to my journey, I decided to reach out to “the guy from Boston” for feedback. He had met with me in Florida a month prior, and after four and a half hours of intense questioning about my life journey, he had drafted a report for the investment firm. He agreed to a call to debrief with me his assessment.

And this is where my scrappy discovery took place. The headline of his report to the investment firm described me as: “Scrappy and Resilient – driving strong results, will deliver against all odds”

Scrappy, what did he just called me? I’m scrappy? I was referred to as “scrappy” by a perfect stranger, and this was his professional opinion that he shared with a group of investment professionals! Is that even professional?!!

This man just met me, and after four and a half hours he concluded that I was scrappy. “Scrappy” was not what I had in mind as I put on my business jacket, my best watch, and arrived with confidence to meet the consultant from Boston sent to assess my ability to deliver results.

Many experiences have had a great impact in my life and the day I was called a “scrappy one” is one of those. The more I thought about it the more wisdom I found in this scrappy word. A quick google search for the definition of scrappy yielded synonyms such as feisty, tenacious, determined, persistent, dogged, aggressive, and forceful. Dictionary’s provided the following definitions:

“Having a strong, determined character, and willing to argue or fight for what you want” – Cambridge English Dictionary

“A person who is little, but can really kick some ass” – Urban Dictionary (Yikes!)

I thought I would be clever and write about how impactful this word was to me, but then I discovered an entire website with the intention of connecting scrappy women to each other. Led by Kimberly Wiefling, the founder of scrappywomen.biz, here I found a bunch of women who were unapologetic about being scrappy! I couldn’t stop smiling when I found an entire community of other remarkable, inspirational businesswomen who are not afraid to share their scrappy wisdom with others.

During the past few years I have spent a significant amount of time learning about my role as a servant leader and my effectiveness as a conscious leader. I’ve deeply considered my ability to understand the world around me and my ability to make an impact. Here’s what I am absolutely sure of . . . that there is so much more I still have to learn! And nothing excites me more than looking forward to spending the rest of my life learning – learning from others, learning from past struggles, from success, and most importantly from failures. There is so much wisdom in each moment, and every experience we are given is an opportunity for growth.

I am a businesswoman, and an entrepreneur at heart. I’m sure I was born with a shovel in my hand so that I would be ready to assist my father in mixing concrete when necessary. Ever since I can remember I knew what I wanted to do when I grew up. It was simple to me, “I love construction and playing with the cash register.” I wanted to be a top financial executive of a construction firm! I lived my dream for many years, and my heart still wears a hard hat. That heart with a hard hat is eager to explore the next steps and bigger challenges.

After 20 years of a successful progressive career as a finance executive in the construction industry, and most recently CFO of a large national electrical contractor, I have decided to pause for a moment. I am determined to take the time I need to search deep within myself in order to align the second half of my career with my personal values and purpose. As someone in a field and a role where certainty and risks are constantly being evaluated, defined, measured and accounted for, I have decided to embrace uncertainty and take a risk in order to build a legacy of which my children will be proud. This journey is not shaped by a new job or even a well-defined business plan at the moment. It is a fluid process filled with wisdom and inspiration from many sources.

Today I have chosen to challenge my lifelong thinking of what I had previously assumed success looks like. I’m not sure what the future holds, but one thing is certain in a world full of uncertainty – when you are scrappy, you work very hard and will deliver against all odds! I am committed to continue to be a scrappy woman in business with a big servant heart. And I’m thankful to “the guy from Boston” for sharing his feedback.

For many years now I set my intentions for the year around three words to live by.

In 2017 I’m committed to these 2 words: Create, Connect and be Inspired.

I look forward to continuing to serve the industry I love while creating a legacy for my children, intentionally connecting with the community around me, and finding the wisdom and inspiration in each moment.

ABOUT THE AUTHOR: Marielle Rodriguez Mundy was the former CFO of Miller Electric Company.  She is a business professional, who is scrappy and resilient – driving strong results, will deliver against all odds!!  Currently, she started her new venture, she consults for a family own business assisting with strategy oversight, exit and ownership transition from the CFO perspective.

Mariellie R. Mundy, CPA, MBA
The Mariellie Mundy Company
Mmundy@marielliemundy.com
904-608-0080